Lending interest rate in Mexico

Mexico: Lending interest rate was 8.8% in 2025. ◆ Volatile

Latest (2025)
8.8%
Change on year
down 21.7%
World rank
69th
of 149 countries
All-time high
59.4%
in 1995
All-time low
3.4%
in 2015
Years of data
33
1993–2025

Lending interest rate in Mexico, 1993–2025

02040601993200920251993: 18.2 %1994: 19.3 %1995: 59.4 %1996: 36.4 %1997: 22.1 %1998: 26.4 %1999: 23.7 %2000: 16.9 %2001: 12.8 %2002: 8.2 %2003: 7 %2004: 7.4 %2005: 9.7 %2006: 7.5 %2007: 7.6 %2008: 8.7 %2009: 7.1 %2010: 5.3 %2011: 4.9 %2012: 4.7 %2013: 4.3 %2014: 3.6 %2015: 3.4 %2016: 4.8 %2017: 7.3 %2018: 8 %2019: 8.4 %2020: 6.3 %2021: 4.9 %2022: 8.2 %2023: 11.6 %2024: 11.2 %2025: 8.8 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

In 2025, lending interest rate in Mexico stood at 8.8%.

The figure is down 21.7% on the previous year and up 155.5% over ten years.

Over the whole period, lending interest rate in Mexico peaked at 59.4% in 1995 and was at its lowest, 3.4%, in 2015.

That places Mexico 69th out of 149 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Lending interest rate in Mexico, year by year

Annual values for Lending interest rate (%) in Mexico, 1993 to 2025.
Year % Change
1993 18.2% —
1994 19.3% +5.9%
1995 59.4% +207.9%
1996 36.4% -38.8%
1997 22.1% -39.2%
1998 26.4% +19.1%
1999 23.7% -9.9%
2000 16.9% -28.7%
2001 12.8% -24.4%
2002 8.2% -35.8%
2003 7.0% -14.5%
2004 7.4% +5.9%
2005 9.7% +30.3%
2006 7.5% -22.5%
2007 7.6% +0.7%
2008 8.7% +15.1%
2009 7.1% -18.8%
2010 5.3% -25.3%
2011 4.9% -7.0%
2012 4.7% -4.7%
2013 4.3% -8.8%
2014 3.6% -16.8%
2015 3.4% -3.2%
2016 4.8% +38.2%
2017 7.3% +54.2%
2018 8.0% +9.6%
2019 8.4% +4.8%
2020 6.3% -24.8%
2021 4.9% -22.9%
2022 8.2% +67.2%
2023 11.6% +41.7%
2024 11.2% -3.2%
2025 8.8% -21.7%

Mexico compared with similar countries

  • Mexico's 8.8% is above the median for upper middle income countries, which is 8.8%, 1.0× the median. (49 countries reporting)
  • Mexico's 8.8% is above the median for Latin America & Caribbean, which is 8.8%, 1.0× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Lending interest rate in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 +207.9% 19.3% 59.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 29.4% 18.2% 59.4% 7
2000s 9.3% 7.0% 16.9% 10
2010s 5.5% 3.4% 8.4% 10
2020s 8.5% 4.9% 11.6% 6

Countries ranked near Mexico

  1. 66 Nicaragua 9.2% compare
  2. 67 Mauritius 9.0% compare
  3. 68 Moldova 9.0% compare
  4. 70 Pakistan 8.7% compare
  5. 71 Bangladesh 8.6% compare
  6. 72 Croatia 8.6% compare

See the full ranking of 149 places →

More financial sector data for Mexico

All data for Mexico →

Frequently asked questions

What is lending interest rate in Mexico?
Lending interest rate in Mexico was 8.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest lending interest rate recorded in Mexico?
The highest recorded value was 59.4% in 1995.
What is the lowest lending interest rate recorded in Mexico?
The lowest recorded value was 3.4% in 2015.
How does Mexico rank for lending interest rate?
Mexico ranks 69th out of 149 countries with data for 2025.
Is lending interest rate rising or falling in Mexico?
Over the last ten years it is up 155.5%. The long-run trend across the full record is volatile.
Where does this Mexico data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.

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Lending interest rate in Mexico. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 25 September 2026, from https://financial-sector.statizoid.com/stat/lending-interest-rate-percent/mexico/

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About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
149 places, 4,803 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.